The Business Times, 2 September 1995

Microfilm: NL20018
Total Pages: 26
1 26 The Business Times
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  • Title Section
    Masthead
    13 1 SINGAPORE Business Times WE KMOWXSIA MITA(P) 194/12/94 Weekend Edition, September 2-3 1995 85£
    13 words
  • Article, Illustration
    Renewal of Toa Payoh will include 1.3 million sq ft of office space
    673 1  -  *1 Abdul Hadhi SINGAPORE Taking the decentralisation of office space another big step, National Development Minister Lim Hng Kiang announced yesterday that the estate renewal strategy for Toa Payoh included creating a brand-new town centre with 1.3
    673 words
  • Article
    MRCB, KTM to build new M$ 2b railway hub for KL
    324 1  -  Fran Ho Kay Tat MALAYSIAN Resources Corp Bhd (MRCB) will spend between Ms 2 billion (SSl.l billion) and MS3 billion to develop a new railway hub for Kuala Lumpur that will include office units, shopping malls and apartments. The
    324 words
  • Article
    Lock icon Indian firm sets industry abuzz with US$ 27b telecom bid
    489 1 Bloomberg Business News NEW DELHI A small Del-hi-based company has amazed industry circles by offering the Indian government almost 850 billion rupees, or US$27 billion (SS3B billion), as the licence fee to operate basic telephone services for IS years in
    Bloomberg Business News  -  489 words
  • Article
    Lock icon Dow Jones rises 31 points
    86 1 Reuter NEW YORK Blue-chip stocks rallied yesterday as long-term bond interest rates sank after surprisingly weak August manufacturing data raised hopes that the Federal Reserve would cut interest rates soon. The Dow Jones Industrial Average rose 31.34 points to 4,641.90 at 2 pm EDT. In
    Reuter  -  86 words
  • Article
    Untitled
    162 1 FrUay CkM«t STII 2,132.33 -14.03 KLSEComp 1,009.29 -5.7S Nikkei IS, 120.73 +3.31 Hang Seat 9,196.47 +16.61 SET Index 1,319.12 +4.92 Jakarta Comp ..502.00 +1.26 Manila Comp —2,761.49 +2.34 Taipei WPI 4,785.29 -24.64 Seoul Comp 911.36 -2.7 Bombay BSE30 ..3,334.74 +7.9S CLSA China B 162.40 -0.07 Aoat AllOrd 2,133.2 +0.2 FTSE
    162 words
  • Article, Illustration
    KLSE names 20 stocks to go scripless from Oct 3
    475 1  -  All eyes on impact from three Clob counters Fm Ho Kay Tat In KUALA LUMPUR STEPPING up its move towards totally scripless trading, the Kuala Lumpur Stock Exchange yesterday identified 20 mainboard counters to go scripless from Oct 3, including
    475 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      145 1 IfSW Win a $28,000 golf membership IF YOU DONT KNOW why you would wilt a free golf membership worth Q tl c $28,000, you needn't read on. B u N Es s t i mes But if you do, then take part in BTs (pH B Lifestyle Exclusive contest, and
      145 words
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      Page 1 Advertisements Column 2
      11 1 Local book publishing industry: el Asia's Random House in the making
      11 words
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      Page 1 Advertisements Column 3
      7 1 Finance: el 4 What Chase merger means
      7 words
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      Page 1 Advertisements Column 4
      55 1 Hock Lock Siew: Pg6 Sleeping easy with Sime Darby S pore News 24 SporMTsi V feVonHNrw 4.5 fomat 10.11 Wbrttf Nmb 5 Martwto Qob/HISL StS 14-16 Übstjt* fepoMl: 12 OpNom 0.3 «MI 12 ftnMl Fmk* EL4.5 Cvnm 1C TV _j 10 SmmJCmm 11 SabacrtHtM M 1M*****577 Fa *****75 vr Nam**
      55 words
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      Page 1 Advertisements Column 5
      123 1 Raffles Conversation: el 2 Singapore Telecom CEO Lee Hsien Yang 1 L Corporate results: Orchard Parade stuns with 58% fall Pa i $50m technology fund for fledgling Singapore companies, Pg 2 j }A v It takes more THAN MONEY TO WEAR THE ROYAL OAK. V Nil 2 For the past
      123 words
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  • SINGAPORE NEWS
    • Article, Illustration
      New postal code system off to slow but steady start
      335 2  -  Michelle Low SINGAPORE'S new postal codes came into effect yesterday and indications are that the conversion process is off to a slow but steady start. Singapore Post (SP) said it witnessed "a small trickle" of mail bearing the new six-digit
      335 words
    • Article, Illustration
      $50m technology fund for fledgling firms
      367 2  -  Technology entrepreneurs face problem in getting funds from traditional sources By Lee Wai Loong THE National Science and Technology Board (NSTB) will set up a $50 million fund to help start-up technology companies tide over the difficult early years, said Minister for Trade and
      367 words
    • Article
      Untitled
      208 2 Skppac Showers am several areas m the late morning and afternoon- Temperature (32-24) AucMnd 12/06 Showers ■angnk 31/24 r«omn Be*« 27/17 Cloudy tortar 30/24 Show Bnm 33/25 Showets Hm 31/24 r«ksm llangBwt 31/26 Mi jafcartt 31/23 Showm KtMtaUamw 32/22 Shown Mania 31/23 Shows Mdbouna 13/04 Cloudy Plwth 20/09 Cloudy Seoul
      208 words
    • Article
      Strategy in a developed S'pore
      81 2 A SEMINAR for top managers to discuss business strategy for next year, when Singapore will be classified as a developed country by the Organisation for Economic Cooperation and Development, will be held on Sep 12 at Hyatt Hotel. Lim Boon Heng, Minister-without-portfolio and NTUC secretary-general,
      81 words
    • Article
      Tourism training programme
      28 2 THE Singapore Tourist Promotion Board and American Express International yesterday jointly launched a training programme, Super Host Singapore, for frontline staff in the tourism industry.
      28 words
    • Article
      Television stations must be split to retain viewers, says BG Yeo
      389 3  -  By Genevieve Cua THE "unbundling" of television' stations to cater to different language groups was not socially desirable, Information and the Arts Minister BG George Yeo said yesterday. But it had to be done or local programmes would quickly
      389 words
    • Article, Illustration
      Lock icon Scottish 'EDB' woos S'pore manufacturers
      353 3  -  Chan Siow Ling SCOTTISH Enterprise, Scotland's equivalent of the Economic Development Board, has made it easier and more attractive for Singapore manufacturers to invest in the land of the bagpipes. Yesterday, the Scottish unit and the Singapore Manufacturers Association (SMA) signed a memorandum of understanding
      Photo by Chris Loh  -  353 words
    • Article
      HDB says flats ready to receive Premiere 12 programmes
      251 3  -  By Kevin Sullivan HOUSING BOARD officials said yesterday there were only isolated cases of HDB residents experiencing poor reception of TVl2*s new arts and sports station, Premiere 12, which began broadcasting last night. "HDB apartment blocks are ready to receive Premiere
      251 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      865 2 NOTICE OF ANNUAL QENERAL MEETING NOTICE IS HCTEBY QIVEN that the Annual General Meeting of the Company wfl be held on Monday, 18 September 1995, aMO.OOam at Singapore M«riot Hotel, Lsngkuas Room, Laval 2. 320 Orchard Road, Singapore 0923 to transact the following ordinary businsss, viz., 1. To conelder and
      865 words
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      Page 2 Advertisements Column 2
      692 2 TS^^RESSSS3SI^BSi-i^^SSfSPfeff W THE MATTER OF MANUFACTURER) PTE. LTD. ON MEMBERS' VOLUNTARY UQUIOATKM) NOTICE OF FSIAL NEETMQ NOTICE 18 HEREBY QIVEN pursuant to Saction 308 of tt* Companlaa AcL <ChapMr 80) that «w FM MaaMng of too mamtors of Via atowanamad Company wR to toU al 101-A llppar Croas Straac •11-22
      692 words
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      Page 2 Advertisements Column 3
      423 2 NOTICE OF FINAL MEETING IN THE MATTES OF THE COMPANIES ACT, CHAFTEB SO AND IN THE MATTES OF WILGBOW INVESTMENTS PTE LTD (INCORPORATED IN SINGAPORE) Wl vnimTAmv wnamc. g NOTICE B HEREBY GIVEN fill to Section 309 of *e Coropwnn Act. Chapter 50. that iheHnal Meeting of the—abend** ■bovfiifd Ccifny
      423 words
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      Page 2 Advertisements Column 4
      252 2 Bl THE MATTER OP THE COMPAIBES ACT, CAP. Si AMD Bl THE MATTER OP PTE LTD NiiißinrVihiiSMiVlHSaEUW At an Exhaordbiary General Mooting of th# Memb«ri of ■ARB PROPS BUSJSRS PTE LTD <hiy oonvanad Mid hsld at 501 Bales tier Road 902-03, Singapore 1232 on tis Ist day Sept 1906, Via
      252 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      19 3 I Come October, I You're Going To Need More Than A Degree To Be Someone In Our Society. 1|
      19 words
    • Advertisement
      Page 3 Advertisements Column 2
      230 3 J Ml P OSPREY MARITIME LIMITED (INCORPORATED IN SINGAPORE) INTERIM REPORT HIGHLIGHTS 1995 Revenue US$ 29.4 m 23% Operating profit US$ 11.9 m 10% Net profit US$ 7.0 m 13% Earnings per ordinary share US* 7.31 13% (unaudited) Six months ended 30 June 1995 1995 1994 USsooo's US$ OOO's Rewnue
      230 words
  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      224 3 10 A brute so devious could undermine security! (8) I I 1 I i j 11 To extract the essence takes H two months (6) standing (4) the premises (3,5) —ri 15 Blow up about a pound of I BB I crushed stones (7) 17 Back Irish dene to begin
      224 words
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  • THE REGION
    • Article
      New HK financial secretary pledges to fight unemployment
      432 4  -  From Quak Hiang Whai in HONGKONG HONGKONG'S first local financial secretary has expressed concerns about the colony's unemployment but, like his predecessor, he tried to downplay the issue amid the current public outcry. Speaking on his first day on the job, Donald
      432 words
    • NOTEBOOK
      • Article
        Lock icon Fake Sydney Olympic products appear
        107 4 UPI SYDNEY Sydney 2000 Olympic Games organisers yesterday called for a crackdown on product pirates after seizing more than AS 10,000 (SS 10,650) worth of illegal T-shirts. Backyard manufacturers are producing such high-quality garments that investigators can detect them as fake only after scientific tests.
        UPI  -  107 words
      • Article
        Lock icon Stricter controls on China's rural co-ops
        89 4 Reuter BEIJING China's central bank and the Ministry of Agriculture have issued a circular imposing stricter controls on rural co-opera-tives, the Financial News said yesterday. Rural co-operatives are organisations designed to provide funds in China's vast countryside and are not financial institutions, the circular
        Reuter  -  89 words
      • Article
        Lock icon Tenaga, Powercorp win power contract
        70 4 Bernama MELBOURNE Darwin-based Powercorp Pt Ltd, in joint venture with Tenaga Nasional Research and Development, has been awarded a A 55.2 million (SSS.S4 million) contract for the automation of a power station complex in Sabah. The deal, to be signed in Kota Kinabalu on Sep
        Bernama  -  70 words
      • Article, Illustration
        Lock icon Women bus service just the ticket
        51 4 Reuter COLOMBO Sri Lanka launched yesterday the country's first women-only bus service in Colombo to protect female passengers from stray male hands. A trade union survey last week showed that 81 per cent of women commuters were sexually harassed on the city's overcrowded buses.
        Reuter  -  51 words
      • Article
        Lock icon Philippine economy up 5.2% in first half
        106 4 AFP MANILA The Philippines' gross national product (GNP) grew by 5.2 per cent in the first half of 1995, reflecting a slowdown in growth in the second quarter. GNP growth in the first half of 1995 was higher than the 4.7 per cent
        AFP  -  106 words
    • Article
      Lock icon Taiwan premier named as Teng-hui's running mate for March polls
      275 4 Reuter TAIPEI Taiwan President Lee Teng-hui yesterday chose Premier Lien Chan as his vicepresidential running mate for inaugural presidential elections next March, winning unified support from the ruling Nationalist Party. "I feel it is really an honour that I am
      Reuter  -  275 words
    • Article
      Thai PM set to visit, other Asean states
      259 4  -  From Loh Hui Yin in BANGKOK THAI Prime Minister Banharn Silpa-archa will visit other Asean member countries this month, instead of a proposed trip to Australia. It is Asean tradition that new leaders usually visit member states before going to other countries.
      259 words
    • Article
      Lock icon Seoul sees heavy industries boom
      514 4 Global demand expected to underpin sector's growth in second half Reuter AFP SEOUL South Korea's carmaking, shipbuilding and electronics sectors are expected to enjoy an unabated boom in the second half of this year, underpinned by a steady rise in global demand, the trade ministry
      Reuter; AFP  -  514 words
    • Article
      Lock icon Foreigners invest US$ 6.5b in Taiwan stock market
      414 4 Reuter TAIPEI Foreign investors have remitted U556,515 billion (559.26 billion) into Taiwan's stock market and can invest U5521,507 billion more before hitting the official ceiling of U5528,022 billion, the central bank said in a statement. Foreign investors are allowed to invest a
      Reuter  -  414 words
    • Article, Illustration
      Lock icon Feet for work
      48 4 Renter BEIJING Braving a morning drizzle, these uniformed department store workers pat in a few minatea of before they started work yesterday. The daily exercise roatine b designed to stimulate circulation for employees who are on their feet most of their 12-honr working day. Renter
      Renter  -  48 words
    • Article
      Hanoi plans law to remove construction red tape
      323 4  -  By Harish Mehta SINGAPORE Vietnam is expected to pass a new construction law providing sin-gle-window clearance for projects, and replacing a much-criticised licensing system that requires developers to get a dozen permits before starting work. Construction firms, at present, are losing time
      323 words
    • Article
      Lock icon Indon company to install public GSM phones
      291 4 Reuter AFP JAKARTA Digital mobile phone operator PT Telkomsel announced plans to install GSM telephones in public places, the same day Jakarta police launched a crackdown on an illegal phone racket, news reports said yesterday. The president of PT Telkomsel, Kusmanhati Sugondo. said
      Reuter; AFP  -  291 words
  • Page 4 Advertisements
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      60 4 'I* ftffcplD (EJLES/Eti Foul? J U>£LL .00ELL MR. BRlSTOuft OUT Of OfcOfcV? Tfc lOeiGh-f'?, r t*\pc,HtNe —h frcxuf\LLy. ud POONESBURY GARRY TRUDEAU U6LL, THAT BRINGS USTOTHB ASTHBIA*/NOWR££DGNtZ£S, BGfORS UG LGAVB. UJGV £NPOFOURTBS7MMY.TH£PG ASKJN6A SGXUALABUSG VKr U&TDTHAKO&HO9TS [w rr 1 IVWHO, I 1 PtU,BG NO ALAN SIMPSON- TIM ABOUT HEP. PAST
      60 words
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  • REGION/WORLD
    • Article
      Lock icon US gears up for 2nd car trade battle, this time with Korea
      480 5 Reuter WASHINGTON The US is preparing for another trade skirmish over cars with Korea, not Japan and it expects support from its European trading partners this time around. Talks so far with Seoul have produced few results in
      Reuter  -  480 words
    • Article
      Lock icon 'Superpig' takes on the odds in Japan pork drive
      340 5 Bloomberg Business News NEW YORK A cartoon pig plastered on magazines and televisions across Japan is leading a drive to get consumers there to. switch to domestic pock. The twine superhero's nemesis? Imported pork and beef. Unfortunately, Japan's "Superpig" may be
      Bloomberg Business News  -  340 words
    • Article
      Lock icon Tin prices crash in London, other metals also hit
      79 5 Reuter LONDON Tin prices collapsed yesterday and repeated waves of speculative selling also hit other industrial metals on the London Metal Exchange. Signs that demand may be weakening as the global economic expansion slows down are behind a sell-off that traders
      Reuter  -  79 words
    • Article
      Plan for chemical giant
      109 5 MILAN Gemina SpA, a Fiat-con-trolled holding company, will absorb Ferruzzi Finanziaria, Snia BPD and Sorin Biomedica in a stock swap, the companies said at a press conference yesterday. Montedison, a chemicals company controlled by Ferruzzi Finanziaria, will absorb Sorin Caffaro and Snia Fibre, also in a
      109 words
    • Article, Illustration
      Lock icon Of sounds and images
      47 5 Reuter TOKYO A designer of Hitachi Ltd showing a recently developed prototype transceiver which can transmit images with sounds here yesterday. Hitachi said it will put a practical home-use model on sale for 50,000 yen (Ss73o) to 100,000 yen within two years. Renter
      Reuter  -  47 words
    • Article
      Lock icon TV, VCR output and exports by Japan makers plummeted in July
      290 5 Bloomberg Business News TOKYO Production of television sets and videocassette recorders (VCR) by Japanese electronics makers fell in July from the same month last year, while TV exports dropped to their lowest level ever, an industry group said. The
      Bloomberg Business News  -  290 words
    • Article
      Lock icon Sikh group owns up
      89 5 AFP CHANDIGARH, India A Sikh militant group has claimed responsibility for the assassination of Punjab chief minister Beant Singh who died on Thursday in a car blast which also killed 15 others. Nearly 20 others were injured, five of them seriously. The group, Babbar Khalsa, said
      AFP  -  89 words
    • Article
      Lock icon NSW to keep power unit
      80 5 Reuter SYDNEY The Australian state of .New South Wales said it has ruled out the privatisation of state-owned power utility Pacific Power. The state government released a report by a group chaired by Professor Fred Hilmer on Pacific Power's future and how to restructure the
      Reuter  -  80 words
    • Article
      Lock icon Samsung to set up US plant
      81 5 AFP MEXICO CITY South Korea's Samsung will invest some US$6OO million (SsBs2 million) in an electronics plant in the northwestern city of Tijuana on the US border, the company's director-gener-al San Heung Shin said yesterday. The plant, expected to turn out consumer electronics, should
      AFP  -  81 words
    • Article
      Lock icon Rainbow Warrior II seized
      67 5 UPI PARIS French commandos yesterday boarded and seized the Greenpeace protest ship Rainbow Warrior II minutes after it entered the French exclusion zone around the Mururoa atoll in the South Pacific, French radio reported. The ship is part of about 1S vessels which sailed to Mururoa
      UPI  -  67 words
    • Article
      Lock icon US farm exports set to hit record US$ 54b next year
      419 5 Strong world demand for US wheat, corn and cotton fuelling boom Reuter WASHINGTON US farm exports are forecast heading for a record U5554.5 billion (SS77.S billion) in fiscal 1996, topping the US$53 billion, itself a record-maker, expected this fiscal
      Reuter  -  419 words
    • Article
      Foreign investment in S African property soars after ail-race polls
      391 5 CAPE TOWN Foreign investment in South African property has risen sharply since last year's all-race elections ended the country's apartheid isolation. "We've experienced a dramatic increase not only in interest but also in investment from overseas both in residential and
      391 words
    • Article
      Lock icon US leading indicators index down 0.2% in July
      321 5 AFP Reuter Bloomberg Business News WASHINGTON Weaker manufacturing activity and a slower pace of commodity price rises helped pull the government's main economic forecasting gauge down in July, the Commerce Department said yesterday. The Index of Leading Indicators, which is supposed to
      AFP; Reuter; Bloomberg Business News  -  321 words
  • Article
    AIRCRAFT ARRIVALS & DEPARTURES
    1456 5 AIRCRAFT ARRIVALS DEPARTURES chi mm ra HM< p> Sraj 1930 QF62 2068 RJ187 0130 In III <■ SQ25 1215 GA890 0206 KL837 1480 KL836 2300 SQ324 2330 >■*»< NZ21 1736 NZ22 1920 MM 2MO Mhpn BM21 1106 SQ182 0915 SQI81 1410 M22 1210 BUTT 1720 S42S 1820 MZ906 1150 MZ907
    1,456 words
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  • COMPANIES & MARKETS
    • Article
      Orchard Parade stuns with 58% dip in interim profit
      413 6  -  By Michelle Low SINGAPORE Orchard Parade Holdings (OPH) has shocked analysts with a dismal 58.4 per cent drop in interim net earnings to $11.4 million. Turnover also plunged, by 58.7 per cent, to $36.2 million for the six months to June
      413 words
    • Article, Illustration
      Jaya Shipbuilding bags $40m contracts
      325 6 SINGAPORE Jaya Holdings' wholly-owned subsidiary, Jaya Shipbuilding and Engineering, has clinched over $40 million of third-party shipbuilding contracts involving six vessels. In a statement issued yesterday, group managing director Y M Pang said: "Since embarking on our shipbuilding business, we had largely devoted our efforts
      325 words
    • Article
      Sime S'pore posts 12% rise in net profit
      424 6  -  By Christopher Tan SINGAPORE Diversified Sime Singapore Ltd, a unit of Malaysian Sime Darby Bhd, wrapped up its financial year with results that were slightly above what analysts had expected. Net profit for the year to June 30 was $31.1 million, 12
      424 words
    • Article
      New S'pore group signs US$ l7.Bm China joint venture
      331 6 SINGAPORE Sembawang Industrial, Sesdaq-listed Seksun Precision Engineering and the Salim group's KMP China Investments have formed a company to spearhead their investments in precision-engi-neering activities in the AsiaPacific region. For its inaugural project, the Singapore-based consortium Sembawang Seksun Asia, or SembSekSun
      331 words
    • Article
      Sleeping easy with Sime Darby
      472 6  -  HOCK LOCK SIEW By Ruth Wong KUALA LUMPUR With the Kuala Lumpur Stock Exchange languishing in lacklustre trading over the past weeks, all eyes must be focused on Sime Darby Bhd for next week's direction. As a conglomerate with tentacles spread across all sectors of
      472 words
    • Article, Illustration
      Lock icon Guthrie GTS tops active list on talk of major stake sale
      440 6  -  By William Chia SINGAPORE Property and engineering company Guthrie GTS was the most active counter on the Singapore bourse yesterday on talk that major shareholder Endang Utari Mokodompit was selling her 14.35 per cent stake. A total of 42.09
      Source: Bridge Info  -  440 words
    • EYE on your ECONOMY
      • Article
        MARKET MOOD
        19 6 For next week's expected market sentiment, see BT's Sentiment Index on EL4 (Personal Finance A Investment section)
        19 words
      • Article, Illustration
        HOT STOCK
        69 6  -  By Shiv Taneja THERE is still some upside to Van Der Horst, as indicated by the daily and weekly RSI and stochastics. Volume has been rising, with yesterday's turnover Almost twice that of the 10-day average. Resistance is at $8. NOTE: We strive to give you informed, objective
        69 words
    • COMPANIES
      • Article
        Arus Murni eyes stake in branch of Canadian bank
        442 7  -  From Ho Kay Tat in KUALA LUMPUR THE man behind Arus Murni Sdn Bhd, Mohamad Faiz Abdullah, plans to succeed where listed Idris Hydraulic (M) Bhd had failed getting a stake in the local branch of a Canadian bank. Sources said
        442 words
      • Article
        Fu Yu posts $6.2 m interim earnings
        90 7 SINGAPORE Plastic injections moulding company, Fu Yu Manufacturing, yesterday reported interim net earnings of $6.17 million, and turnover of $74.68 million in its first set of results since listing in June. Earnings per share was 1.7 cents while net tangible asset backing per
        90 words
      • Article
        Goldtron denies takeover talk
        61 7 SINGAPORE Goldtron said last night that its directors were not aware of any takeover or any "major selling out" involving the company. It was commenting on a BT report yesterday which said there was vague talk of either a takeover or a major shareholder selling out,
        61 words
      • Article
        Teck Wah Inv to up stake in units
        70 7 SINGAPORE Teck Wah Investments, a fully-owned subsidiary of Teck Wah Paper Products, will increase its capital stake in two subsidiaries in China from March 31 next year. It will increase its equity stake in Wuxi Teckwah Printing and Packaging from 51 per
        70 words
      • Article
        Koh Brothers bags $65m CWT job
        46 7 SINGAPORE Singapore-based construction outfit Koh Brothers Group has won a $65.2 million contract from CWT Distribution to build a four-storey warehouse and related facilities at Jurong Port Road. Construction will start soon and is expected to be completed by mid-1997.
        46 words
      • Article
        Lock icon Peregrine's profits down 13% in first half
        278 7 KnightRidder HONGKONG Independent investment bank Peregrine Investments Holdings Ltd reported yesterday profits after taxation and minority interests of HK5345.9 million (5563.5 million) for the six months ended June 30, down 13 per cent from HK5398.1 million in the previous first half. The bottom-line
        Knight- Ridder  -  278 words
      • Article
        S'pore firm buys stake in karaoke channel
        334 7  -  By Teh Hooi Ling SINGAPORE Pan Pacific Public Company (PPP) is taking a 45.5 per cent stake in the world's first karaoke channel to be beamed into millions of Chinese homes in Asia. PPP said yesterday that it had struck an agreement to
        334 words
      • Article
        Lock icon Winfoong's release of details on MKI bid delayed
        179 7 Bloomberg Business News HONGKONG Property and construction firm Winfoong Investment Co said details of a proposed takeover of the suspended MKI Corp would be delayed until next week. MKI is the first public company to be the subject of a liquidation petition
        Bloomberg Business News  -  179 words
      • Article
        Untitled
        549 7 ■Mpn prtcM Sep 2 Mendnki Gr Fund 1.00 1.03® IMt Tmt US Gr Fund l.ll 115 s The C omment 1.54 It) UOB ASS«t Mgt LU i 50 UmRmd 1.43 ISO i pore Pm Fund 0.61 0.65 Unihond f 106 10B5 !wh£eL U Elnd ?ol Unded Gr Fund 151 1.65*
        549 words
      • Article
        Aztech buys one firm, ups stake in another
        190 7 SINGAPORE Multimedia company Aztech has bought an investment holding company and increased its share capital in a developer of computer software and hardware. Aztech has acquired the entire issued share capital in investment firm Hitemco, comprising 25,000 ordinary shares of Si.oo each.
        190 words
      • Article
        Lock icon NTT may be split into 5 firms
        523 8 Government telecoms council may recommend break-up to spur competition Reuter TOKYO Nippon Telegraph and Telephone Corp may be split into as many as five companies if the government's Telecommunications Council recommends a break-up of the company next February, sources close to the government
        Reuter  -  523 words
      • Article
        Lock icon 8 Japan banks draw up new debt plan for Seiyo Corp
        143 8 AFP TOKYO Japan's Dai-ichi Kangyo Bank Ltd (DKB) said yesterday it had drawn up with seven other banks a debt-res-tructuring plan for property developer Seiyo Corp, part of the Seibu-Saison group of companies. The other banks are Industrial Bank
        AFP  -  143 words
      • Article
        Lock icon Mitsubishi Bank launching massive convertible bond issue
        444 8 Bloomberg Business News TOKYO Even as the world turns its attention to troubles at Japanese banks, the nation's largest, Mitsubishi Bank Ltd, has announced the sale of what underwriters are calling the world's biggest ever convertible bond issue. Analysts say the company's stock
        Bloomberg Business News  -  444 words
      • Article
        Lock icon Lend Lease net profit rises record 12%
        319 8 Bloomberg Business News SYDNEY Property and financial services company Lend Lease Corp said yesterday its full-year net profit rose 12 per cent to a record high, mainly on big gains in its property services and infrastructure development businesses. Property operations increased profit 20
        Bloomberg Business News  -  319 words
      • Article, Illustration
        Lock icon Rate bungle costs Seven Network A$20-$3O million
        475 8 Reuter SYDNEY Australia's Seven Network's new chairman, Kerry Stokes, yesterday blamed a costly advertising rate bungle for a SI per cent plunge in the network's annual net profit, but he forecast a higher profit this year. Seven, which is 15 per centowned by
        Reuter  -  475 words
      • Article
        Lock icon Intel plans US$ 8b bond issue to finance plant construction
        441 9 Bloomberg Business News RIO RANCHO, New Mexico Chip-making giant Intel Corp plans to sell US$B billion (SSI 1.4 billion) of bonds through a county in New Mexico in what municipal analysts say is the largest industrial development revenue bond package
        Bloomberg Business News  -  441 words
      • Article
        Lock icon Toshiba to expand partnership with Time Warner
        282 9 AFP Reuter TOKYO Japan's Toshiba Corp announced yesterday an agreement with Time Warner Inc of the US to broaden their partnership to cover movies, cable television, programming, publishing and music. The agreement includes a share swap disclosed earlier as well as the opportunity
        AFP; Reuter  -  282 words
      • Article
        Lock icon ICI in Philippines project
        79 9 Reuter LONDON ICI Paints, a unit of Imperial Chemical Industries pic, said it is expanding its Asia-Pacific market through a new joint venture in the Philippines. ICI Paints (Philippines) Inc, which will be 75 per cent-owned by ICI, has bought the coatings business of Pacific Products
        Reuter  -  79 words
      • Article
        Lock icon Tulip Computers sets up India unit
        51 9 AFP NEW DELHI Netherlands-based Tulip Computers NV will set up its first Asian manufacturing unit in India, a company official said yesterday. Tulip Computers, with Indian partner the Lan Eseda group, will invest about US$7 million (559.9 million) to make 50,000 computers a year.
        AFP  -  51 words
      • Article
        Lock icon Trafalgar units win Thai contracts
        65 9 Reuter LONDON Trafalgar House pic said its Groupe Sofresid and Sofresid Thailand units were awarded US$42O million (***** million) in contracts for a copper smelting and refining plan in Rayong, Thailand. Thai Copper Industries awarded the contracts. Davy International, a San Francisco-based Trafalgar company, will
        Reuter  -  65 words
      • Article
        Lock icon Taiwan's CSC's profits drop 36.5%
        56 9 AFP TAIPEI Taiwan's China Steel Corp (CSC) said yesterday after-tax profit slid 36.5 per cent from a year ago to NT55.62 billion (Ss2B9 million) in the year to June. Company officials attributed the slump to US$l9 billion (Ss27 billion) in pension funds given to senior
        AFP  -  56 words
      • Article
        Lock icon Nasdaq's parent should speed up disciplinary procedures: study
        328 9 Bloomberg Business News WASHINGTON Nasdaq stock market's parent should speed up disciplinary procedures used with member brokerage firms and dealers and open up its board to more members outside the industry, an independent study for the exchange has found. The study, by
        Bloomberg Business News  -  328 words
      • Article
        Lock icon KPMG forms unit to go into M&A business
        135 9 NYT WASHINGTON For years, accounting firms have done much of the heavy lifting involved in corporate takeovers and mergers, but then watched enviously as their investment banking brethren on Wall Street creamed off most of the fees for handling the deals. Now
        NYT  -  135 words
      • Article, Illustration
        Lock icon Microsoft gets 25 new partners for network info service
        222 9 Reuter LONDON US software giant Microsoft announced on Thursday more than 25 new alliances for its on-line Microsoft Network (MSN) information service incorporated in its new Windows '95 programme. At a press launch, the company said that UK organisations which signed
        Reuter  -  222 words
      • Article
        Lock icon Motorola, Toshiba tie-up to boost chip output`
        161 9 AFP TOKYO Tohoku Semiconductor Corp, a joint ventu£ between Japan's Toshiba Com and Motorola Inc of the United States, said yesterday it hi| invested about 30 billion yes (***** million) in a new intf grated circuit (IQ productiol line. The new line, in
        AFP  -  161 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        522 8 V«mI Vay Nt Bvth Antnt 0*vto* Jurwig Port (BDBvUi 1/95 u 0201/1900 (BT)Karra Afm 4/95 11 *x«a* «09/(930 (W)N* *»a 1/95 Jl atop* 0209/1100 (BT)S** Masai 8/95 Jl *ap* 0209/0930 AO* M «9 0 **v* (£09/0500 Mm Mk N224 J4/5 *«9de 02.09/2100 Mm lln 09/01/95 C/3 *«adt
        522 words
      • Article
        CONTAINER SCHEDULES
        1617 8 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO KnN i Ms 9* Mr M Hfc/M Nrtrt Fw To Fr— ACX Apnea* 003 04/0300 2A 01/1/00 02/0669 02/0900 2B 01/1700 02/0659 02/0800 I 02/1200 02/1459 02/1700 ACX Om 004* 02/1500 1A 01/1500 01/1059 01/1900 AO Ml 254A 03/0600 2B
        1,617 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon NZ central bank snubbed as 4 banks maintain mortgage rates
        492 10 Bloomberg Business News WELLINGTON The Reserve Bank of New Zealand is under siege. Four New Zealand banks have openly snubbed the central bank by declining to raise their home mortgage interest rates, and one of the largest has accused it
        Bloomberg Business News  -  492 words
      • Article, Illustration
        Bullish long-term outlook for US$ against mark and Swiss franc
        389 10 DBS Bank weekly currency report USVmark: USS/mark consolidated between 1.4580 and 1.4817 for the first four days of this week and was traded around 1.4710 on Thursday morning. The charts show likely further downside in the short term before the
        389 words
      • Article
        Lock icon Opec's August production at its highest since 1993
        363 10 Bloomberg Business News NEW YORK Opec (Organisation of Petroleum Exporting Countries) oil production rose in August to a 2'/2-year high, with increases from five members balanced in part by reduced flow from Saudi Arabia. Wellhaad output rose 120,000 barrels a day to
        Bloomberg Business News  -  363 words
      • Article
        Lock icon US$ 5b in bond sales expected after US Labour Day
        455 10 Bloomberg Business News NEW YORK Junk bond investors are getting ready for a barrage of sales that will add almost US$5 billion (SS7.I billion) of new bonds to the high yield market after Monday's Labour Day holiday. "September will be
        Bloomberg Business News  -  455 words
      • Article
        Lock icon Chemical Bank introduces new derivative
        306 10 Structured note allows investors entree into bank loan market Reuter NEW YORK Chemical Banking Corp is offering institutional investors a new way to play the non-investment-grade bank loan market in the form of a structured note derivative, an official said on Thursday. Called Chemical Secured
        Reuter  -  306 words
      • Article
        Lock icon World oil markets lethargic as US long weekend nears
        238 10 ENERGY REPORT Reuter LONDON World oil prices dawdled yesterday with little fresh news to whet the market's appetite and the United States market already winding down for a long holiday weekend. By mid-afternoon, October futures for benchmark Brent blend crude were
        Reuter  -  238 words
      • Article
        Lock icon LONDON
        210 10 AFX-Asia LONDON The dollar was lower in thin trade ahead of the release of key US employment data, while sterling was steady, largely unaffected by yesterday's trade and net consumer credit data, dealers said. They said there is some downward pressure on the dollar, but trade is thin with
        AFX-Asia  -  210 words
      • Article
        Lock icon NEW YORK
        92 10 AFP NEW YORK The dollar headed lower against major currencies at midday yesterday with the German mark strong in cross trading with other European currencies. Gold picked up 10 cents from late Thursday to hit U*****.00 per ounce. At 1430 GMT, the dollar was trading at 1.4617 marks
        — AFP  -  92 words
      • Article, Illustration
        Untitled
        1187 10 rnd*«n*tmd index cakwkaed agcunsi Spare's tap 14 partners Bmie year. I9tt< US$/S$ forward rates Noon Sep 1 S» ■M Ofc 1-month 1.4176 1.4191 2-month 1.4140 1.4155 3-month 1.4109 1.4124 6-month 1.4015 1.4035 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9aa m Sap 1 Siaoport Mm to oat nil of
        1,187 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen futures dip as Nikkei recovers
        1362 11 Reuter SINGAPORE Simex Euroyen futures slid back in late trade yesterday after a stronger than expected close on the Japanese stock market. "The sell-off was largely due to the rally on the Nikkei," said one dealer. "If the Nikkei goes up, it makes the
        Reuter  -  1,362 words
      • Article
        Tin dives M$ 1.04 on bearish LME
        664 11 COMMODITY REPORTS KL Tin TIN price on the KLTM hit a one-month low yesterday, plunging MS 1.04 to finish at MS 16.24 per kg due to bearish sentiment on the LME. On the LME, three-month tin suffered a big fall when the metal
        664 words
      • Article
        Pohang building new steel mill
        66 11 SEOUL South Korea's Pohang Iron and Steel, the nation's largest steel maker, broke ground on Thursday for Kwangyang Steel Works, a new coldrolled steel mill, which will have an annual capacity of 1.8 million tonnes. When the cold-rolled steel mill is completed, it will raise
        66 words
      • Article
        S Korea's iron/steel export value up
        58 11 SEOUL South Korean July iron and steel products exports marked US$57O million (SsBlo million), up 37 per cent in value from US$4l7 million in July 1994. However, despite the increased value, the amount of iron/stcel exported was down in July. Volume figures will not
        58 words
      • Article
        Doubt over China's antimony price
        111 11 HONGKONG Asian traders doubt that China will be able to effectively enforce a new minimum domestic and international antimony price recently set at US$4,BOO (556.816) a tonne. "I don't think it's workable," said one trader. "Sometimes when (the China National Nonferrous Metals Industry Corp) fixes
        111 words
      • Article
        Lower Aussie wool prices
        77 11 SYDNEY Sales in Sydney and Melbourne only this week saw the eastern wool market indicator fall 25 Australian cents (26.S S pore cents) per kg dean to 71.5 cents, its lowest yet in the 1995-96 (Jly-Jun) selling season. Even the small offering of 37,011 bales with
        77 words
    • Article
      COMMODITY PRICES
      1399 11 SICOM Futures Sep i (Mm <*+* m «t S.3«m0 «S 1 C*g|.«a (S cents/kg) As at 12 mm Clo«e Volume Open Momh High Low Sell (Ioni»ct) Inierru RSS 2 Oct 95 200.75 201.75N ftv" SL-IS f&M $1$ 5 RSS 3 Oc, 95 200.25 20..25N Dec 200.50 200.50 200.50
      1,399 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        984 12 +0.2 SHARE prices closed marginally firmer yesterday as stronger industrial firms ofTset weaker commodity-based companies hurt by lower metal prices. "We had a strong industrial market and we had a fairly weak resource sector...on the back of base metal prices which have come ofT significantly over the last week,"
        984 words
      • Article
        Manila
        588 12 +2.54 Share prices rose in what analysts described as a sideways move, showing a lack of confidence in the market. "The investors are very jittery about the inflation situation and it's compounded by the rice crisis and an impending oil price hike so there isn't much good news to
        588 words
      • Article
        Taipei
        481 12 -24.64 Share prices finished lower, with all eight major categories of shares registering declines. "The market is improving, and more investors returned to the floor," said a dealer. The 321-issue Weighted Price Index fell 24.64 points to close at 4,785.29. Turnover was 1.093 billion shares worth NT529.82 billion. Falls
        481 words
      • Article
        Seoul
        416 12 -2.7 Stock prices continued to slide for the fourth consecutive trading day, closing 0.3 per cent lower in dull trading. "Investors seemed to have given up any glimmer of hope of making profits in this market," said a trader. The Composite Price Index lost another 2.7 points to 911.36.
        416 words
      • Article
        New Zealand
        291 12 +2.45 Fletcher Challenge made a comeback on the perception that persistent selling in the stock may finally have dried up, while the broader market ended slightly higher. The NZSE-40 Capital Index ended 2.45 points higher at 2,102.69 on turnover worth NZ$42 million. A dealer said that buying of
        291 words
      • Article
        Bombay
        92 12 +7.98 Shares edged slightly higher at the close on late purchases by foreign fund managers, despite profit-taking in telecom shares. The 30-share BSE Index closed at 3,354.74, up 7.98 points, while the National Index ended at 1,536.75, up 2.18. "Foreign funds were keen buyers," said a broker. "Good monsoon
        92 words
    • WORLD STOCK MARKETS
      • Article
        London
        662 12 +31.6 UK SHARES finished sharply higher, lifted by a strong Wail Street and firm bond markets. The FTSE is expected to test its all-time highs in the near-term after breaking through 3,500, dealers and analysts said. "I think we are going to challenge the (all-time trading) high of 3,540
        662 words
      • Article
        Amsterdam
        230 12 +0.05 Dutch shares drift around afternoon levels at the close with investors happy to sit on their hands and wait for the impact of the US economic figures. The AEX Index was 0.50 points up at 458.76, having traded in a two-point range throughout the day. Publisher VNU soared
        230 words
      • Article
        Toronto
        211 12 -9.04 Stocks quietly opened easier, pulled down by lower metal prices and a sagging bond market ahead ofthe Labour Day long weekend, traders said. The TSE 300 fell 9.04 points to 4,507.66 on volume of 5.5 million shares with a value of CsBl million. "Base metal stocks really held
        211 words
      • Article
        Paris
        133 12 -1.70 French shares ended mixed after a volatile session that began with rumours quickly denied that two more ministers were resignil* in addition to Finance Minister Alain Madelin, who quit last Friday. Stronger than expected US employment data in the afternoon weighed on the bourse, which is hoping for
        133 words
      • Article
        Frankfurt
        184 12 +8.17 German stocks closed higher after paring earlier losses on the strong US jobs data. Although initial reaction to the data was limited, the market later climbed as dealers hoped the news may underpin the dollar, which could in turn help German exporters. Volume remained thin throughout the session
        184 words
      • Article
        Brussels
        145 12 -0.94 Belgian stocks closed little changed, as companies with large dollar-denominated sales tracked a stable dollar. Stable bonds also helped alleviate concern about the earnings of banks. The Bel-20 Index fell 0.94 points at 1,463.87. Brussels st» i Fma 7TFOffWARD MARKET Allied 4070.00 -I JO Bmcaa A 4*4 00
        145 words
      • Article
        Milan
        159 12 1.32pc Italian shares closed well up, buoyed by a firmer lira and a rebound in the bonds market and heavy buying of Fiat and Fondiaria stock ahead of the announced of details of a realignment in the chemicals industry. "It was a very good afternoon. There is a lot
        159 words
      • Article
        Zurich
        225 12 +9.5 Share prices closed higher in moderate trading led by Roche gains, dealers said. The Swiss Market Index closed up 9.5 points to 2,918.3 and the Swiss Performance Index rose by 4.83 points to 1,913.83 ÜBS analyst Marc Meyer said strong gains in Roche and ÜBS shares helped offset
        225 words
      • Article
        Johmnosburg
        384 12 +7.4 South African shares picked up in late trade as volumes improved, mopping up the overhang of stock seen throughout static trade this week and preparing the market for better direction in the coming week. "Activity was up a little this afternoon but the market is still not going
        384 words
      • Article
        New York
        720 12 +22*9 Stock prices turned higher in active trading early yesterday after bonds rebounded on weaker-than-expected purchasing managers report that offset a stronger-than-expected employment report. The Dow Jones Industrial Average, which edged up 5.99 points on Thursday, was ahead 22.89 to 4,633.45 at 11am EDT. The key barometer was
        720 words
      • Article
        Stockholm
        126 12 IHICh Swedish stocks recouped early losses to end the week steady and brokers said the market would probably rise next week as activity increased. "I think there is a strong possibility for an increase next week on the back of bullish sentiment in the US and Britain," said a
        126 words
      • Article
        Untitled
        611 12 Britannia Fmxts Stcrliag Cash BU Offer Mm Cap Depout 11MQ0 J» 6500 Mm Jcnrr Gik 0.1193 0.1992 Mia Max Income •.MOO 0.9700 US$ Cash Income P»«« Fand *9.7100 *10.2)00 PS S Rewrve Fuad 5 5400 5 5500 SMtaEfA; Euro Performance 0.4542 0.49it Far Em Fund *2.7*» *2.9730 Maa Portfolio 2
        611 words
    • Article, Illustration
      Lock icon HONGKONG
      2474 13 Bloomberg Business News HONGKONG Stocks were mixed in light trading ahead of unemployment numbers in the US, as investors awaited a clear signal on the direction of American interest rates. Even though the earnings season here is more than half over, investors are looking to interest rates before making
      Bloomberg Business News; Source: Bridge Info  -  2,474 words
    • Article, Illustration
      Lock icon CHINA
      570 13 CLSA IN Hongkong, the H share index lost 4.95 points at 1,009.19 on turnover of US$l4.7 million. Hai Xing Shipping slumped 10.6 per cent to reach a new all-time low of 76 cents. Kunming and Tsingtao gained 4.3 per cent and 4 per cent respectively. The Shanghai B index
      CLSA  -  570 words
    • Article, Illustration
      Lock icon TOKYO
      2435 13 AFXAsia TOKYO Share prices closed narrowly mixed yesterday, after stemming earlier declines by gains in futures prices and renewed foreign investor buying. The Nikkei 225 index closed ?p 3.51 points at 18,120.73. The opix Index finished down 2.54 at 1,425.05 and the Nikkei 300 Index lost 0.17 at 265.75.
      AFX- Asia; Source: Bridge Info  -  2,435 words
    • Article, Illustration
      Lock icon BANGKOK
      1441 13 Reuter BANGKOK Stocks broke a four-day losing streak on a last minute rally focused on banks after the index languished near its Thursday close for most of the day. The SET index rose 4.92 points to close at 1,319.82 on small 2.65 billion baht turnover. Declines edged advances 133
      Reuter; Source: Bridge Info  -  1,441 words
    • Article, Illustration
      Lock icon JAKARTA
      1173 13 AFX-Asia JAKARTA Share prices closed slightly higher in quiet trading, boosted by some late buying of blue chips, although most foreign investors remained sidelined ahead of the Labour Day weekend in the US. The Composite Index closed 1.26 points higher at 502.00. Advances beat declines 45 to 36. "The
      AFX-Asia; Source: Bridge Info  -  1,173 words
    • Article
      CLOB INTERNATIONAL
      2387 14 Gr Cc IW LM Val Day LmQm Hi Dh YM No MO* Law Staa finij Sale 0000) High Laa Oay** SHkr O r/E Sarii MALAYSIAN STOCKS 47* 19* 9000 AS 50c 414 4-12 201 4IS 402 412 414 10 -2.* 0l2 4246 127 77.S a not AMDS 90c
      2,387 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Stocks drop on further fallout from economic report
        6629 14 Bloomberg Business News KUALA LUMPUR Stocks fdl to their lowest levels since mid-May as evidence of accelerating economic growth raised concerns that the central bank may impose credit controls to curb inflation. "Things are likely to get worse for the KLSE, as
        Bloomberg Business News; Source: Bridge Info  -  6,629 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8427 15 I*» La* V«i Day Last QhH Dt> Mf YM NM Cap A<t (Dak Lao S»aa Ciapi.j Salt C6M) H«k Law Bajre SaBsr CV P/t Sa2 Prk* MMJSTMAL AND COMMERCIAL 320 3(2 at 1000 Acaa 30c 4M -2 451 510 4M 49( S00 22.5 5.1 13 10.4 6M5 505 450 450
        8,427 words
      • Article, Illustration
        Lock icon Interest switches from Sesdaq to Gob counters
        1898 16  -  By Paul Leo SINGAPORE Clob International came to life in late-after-noon trading yesterday as investors switched from sec-ond-liners to Malaysian counters, leading some dealers to speculate that the play on Sesdaq may soon be over. One analyst said the UOB Sesdaq Index may
        Charts by Bridge Info; Source: Bloomberg  -  1,898 words
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      321 6 NEWS VALUE Tea Payoh renewal will include 1.3 miHien sq ft of tfßce •Met (pg I) Rosy outlook for const met ion companies, but the share prices of listed ones have generally been lacklustre. KLSE names 20 matnboard stacks far scripless trading (pg I) Looks like Clob could be adversely
      321 words
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      249 7 t i s ..J f -g 1 i INTRACO t moves to Bugis Junction along with our Group of Companies INTRACO LIMITED ffik "TZZZ I TELEDATA INTERNATIONAL PTE LTD Tel 337 0011 (Main) Jt, Tel 337 0011 Fax: 337 7200/337 7300 <,* a Fax: 337 7220 Tlx RS ***** Or
      249 words
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      Page 9 Advertisements Column 1
      126 9 Sydney Duty Tttagrwpt) 2o*«ustiMs. FANTASTIC POSITION V3IPI|Ict¥PJPI SUPERB DESIGN UNIVERSITY PRECINCT pfQCES FROM Asl6s,oqq 250 m to Sydney University f| Studios, 1, 2 3 bedroom Security m Apartments 750 m to University of Technology Hi K Rooftop pool, gymnasium, sauna, spa, I.skm to Chinatown, Darling Harbour BE3Q area and landscaped
      126 words
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      Page 11 Advertisements Column 1
      46 11 v jg|M|r vi| v |g^ r flB 4^l v*' Bl SKntlll I A| Gorgeous wedding go was lor her DelK^ 6 dfesse^Mhem «j»y. -J*< >; >f J*- >V I Young Parents I -When you want I the best I xne oesx I for your children I 1
      46 words
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      Page 11 Advertisements Column 2
      19 11 As and when the latest Loadoa/ Rotterdam prices are mot available, the previous tradiag day's rinsiai fifares are carriediasteai.
      19 words
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      Page 12 Advertisements Column 1
      35 12 v< A *$'<$?/-. •<' y -i, »y..-v J^ l jj rTt "*<%.«. > v -.He V V3&.- 1? >* y v'*'\> v c- < "-jk >% A vh "V •<<'*«*s■• -»< |i& \kL < ||||gp| v J *jT' f.. v v 7* "*r ..y
      35 words
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      37 15 FAST RELIEF FROM hAM&Mfe HNHH *S^pippMHEpKp^|^pjPjpß|pHHpMHpH^H|n Indigestion causes pain and discomfort in your stomach. Gaviscon acts quickly by forming a protective layer mhp *****5 over the undigested food in the stomach, to relieve indigestion. OAWSCOM fvcurvis iMOfOCSTKM
      37 words
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      296 16 TvlJ'l Ahoy.; on the hpttxx*--'. kH I J iM"jMmmM Just a scenic 45-mln cruise from Singapore, Bintan, with its idyllic jBl B beauty, is destined to be an inesisHbie draw for hdidaymakers. This tranquil Rlau isle is home to the sprawling Bintan jk WA W4 A Lagoon Gotf and Beach
      296 words
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      Page 16 Advertisements Column 2
      30 16 S-M &M U4 •m IN AM in < i 1y.... ijw ij® im u> M 4 MM MM Mm PubtahM by Jwdne Ftemng trtfernabonal SecurttM Ur»*id (Incorporated in OilM Vbpn Mind)
      30 words
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  • Executive Lifestvle
    • Article, Illustration
      Lock icon Asia's Random House in the making?
      1668 17  -  As the Singapore Book Fair opens this weekend, Susan Tsang and Jaime Ee assess the state of the local book publishing industry Susan Tsang and Jaime Ee J N the old days of book publishing in Singapore, a writer was considered a major success
      Design by Allan Chan  -  1,668 words
    • STRAWS IN THE WIND
      • Article
        Market talk
        38 17 WITH the current spectacular performance of counters listed on Sesdaq, Singapore's second board, one dealer had this tip for main-board companies that want a piece of the action: Apply to have their counters downgraded to Sesdaq.
        38 words
      • Article
        Tongue twister
        57 17 THE new Marriott Hotel ought to consider giving Singapore taxi drivers some elocution legsons. Someone who asked to be laken there was driven to the Meridien instead. Wheo told it wasn't the right hotet the cab driver finally understood when he was told "ths old Dynasty hotel". He
        57 words
      • Article
        Death warrant
        63 17 WHY do some people think so poorly of marriage? If you listen to the likes of syndicated columnist Julie Burchill, you really wonder. Here's what she says about marriage: "Look right, look left, look right again and if you see marriage coming, get the hell out of the
        63 words
      • Article
        Tasty specimen
        22 17 DID you hear about the scandal in Tokyo over a whale researcher who ate sashimi style some of his research?
        22 words
    • VIEW POINT
      • Article, Illustration
        Lock icon Setting the right tone
        1728 18  -  aK THE RAFFLES CONVERSATION A fortnightly series supported by Raffles Hotel It has been four months since BG Lee Hsien Yang became the president and CEO of Singapore Telecom. He talks to Kenneth James about the challenges facing Telecom and his management style Kenneth James HE
        Photo by Chris Loh  -  1,728 words
      • Article
        On technical solutions and human barriers
        466 18 BEING an engineer, BG Lee Hsien Yang readily grasps the plethora of technologies and products that come his way. "The industry is a fascinating one to be in because there is so much that is new, and so many new devices. One can try
        466 words
      • Article
        The challenge to stay balanced
        928 18 BG Lee Hsien Yang sees a parallel between what lies ahead for his generation of Singaporeans and their children, and what Singapore Telecom itself faces. "I think the challenge for Singaporeans is much like the challenge for Singapore Telecom," he says. "It's been an enormously
        928 words
    • OPINIONS
      • Article, Illustration
        Holidays are ending but the fun is just beginning
        734 19  -  LETTER FFQM WASHINGTON LEON HADAR The writer is BT's Washington correspondent. IT IS hot, humid and boring on the shores of the Potomac in the summer. As a matter of fact, it is so hot and humid in Washington during July
        734 words
      • Article, Illustration
        Workers the losers in mergers
        480 19  -  Shareholder interests come before those of employees, says Gopal Panicker Gopai Panicker The writer is a BT journalist. SO ONE merger is taking place and another is in the works. This week Chase Manhattan and Chemical Banking Corp agreed to form the biggest US banking
        480 words
      • Article
        No need to put scheme to a vote
        471 19  -  LETTERS TO THE EDITOR Goh Tiam Lock Managing Director Lock Property Coosdtaats Singapore 0104 I REFER to Lee Han Shih's article in the Property Column (Is compulsory acquisition the best option? BT, Aug 29) and, with respect, I beg to differ. First
        471 words
    • PERSONAL FINANCE & INVESTMENT
      • BULLS' EYE
        • Article, Illustration
          BT SENTIMENT INDEX (Sep 4-7)
          691 20 Those polled on their views of the Singapore stock market for the week ahead: Alliance, Credit Lyonnais Securities, Daiwa, Fraser, Morgan Grenfell, Nomura, Phillip, Smith New Court and W I Carr. Buy! Baring Securities Acer Computer International new listing. ACI will be a play on
          691 words
        • Article, Illustration
          In my opinion...
          312 20  -  Low Siew Kheng Head of Research ÜBS Securities (Singapore) Pte Ltd ne encouraging I I factor about this market is that most clients are, at worst, neutral, if not underweight. Then again, what can bring about a reweighting? The economy is decelerating, and even though to still
          312 words
      • Article, Illustration
        What Chase-Chemical merger means for Singapore banks
        834 20  -  THE WEEK MKUKkMi By Catherine Ong THIS WEEK'S stunning US$lO billion (5514.2 billion) merger of Chase Manhattan Bank and Chemical Bank which grabbed headlines throughout the world, highlights a fundamental shift in the nature of international banking. Big is now beautiful in banking.
        834 words
      • Article, Illustration
        Market bullish about Acer's public offer despite US$-based shares
        1073 20  -  Response to the PC maker's IPO has been strong. David Mok looks at whether this is justified David Mok ACER Computer International's (ACI) public offer is set to buck the trend of US-dollar denominated IPOs getting the cold shoulder from investors.
        1,073 words
      • Article
        Lock icon Bucking up the dollar will help US and Japanese economies
        769 20 The argument that a strong greenback would worsen the US trade deficit with Japan is based on wrong assumptions Barrons THE RECENT action by the Bank of Japan and the Federal Reserve to lift the value of the dollar has
        Barrons  -  769 words
      • Article, Illustration
        Lock icon New market analysis tool for the thinking trader
        821 21  -  Paul Leo learns about the STII's future trend from a wizard trader who applies Symmetries, a technical trading tool Paul Leo Renowned private trader Robert Krausz has these words of caution on the uptick in the Straits Times Industrials Index from its
        Source: Joe  -  821 words
      • Article, Illustration
        S'pore golf club prices dip again to new low
        516 21  -  Malaysia, Batam clubs no exception, Shahiron Sahari reports Shahiron Sahari THE seemingly inexorable downward trend of golf club membership prices continued apace last month, with the values of all the clubs in the Business Times Golf Index suffering declines. Large chunks
        516 words
      • Article
        The appeal of warrants
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        618 words
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        Lock icon Thai investors seen kicking their heels for rest of quarter
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      Where plot is secondary
      696 22  -  By JAIME EE *A WALK in the Clouds. A tiptoe through through mediocrity. Call it what you will, t but Keanu Reeves' latest movie should serve as a warning that if computer aniSbatronks or speeding buses are not pro- vided, don't touch the project! The warning
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      The big one that didn't get away
      891 22  -  Travd By DONALD TURNER IF the mere idea of a day's fishing is something that slows your pulse, think again. Those who hanker for a spot of adventure can seek out the famed fighting barramundi. The home of this delicious and sporting fish
      891 words
    • A showcase of Orientalism A showcase of Orientalism
      • Chapter
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        13 23 Coririnc&erk talks to the organiser to find out what this year's fair holds
        13 words
    • Article
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      634 23  -  WteHMehts By John Lui The writer works in computer administration at Singapore Press Holdings A NEW Singapore-based company is out to convince businesses that they need an Internet presence and that it can design one for them. Sounds difficult enough, but new kid on the
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      Expert revelations
      488 23  -  By 1 Ven Sreenivasan Advanced Coif By Greg Norman R order Publications 208 pages Price: $65. IF you're already addicted to golf, you will probably love this book. If you're just taking it up, you will probably want to read it one day. Written by Greg Norman or
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      Postage pursuit
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    • EPICURE
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        A product from a love match
        836 24  -  Harish Mehta looks at why the Romanee-Conti, loved by the rich and famous, is so special Harish Mehta O those of us who are accusI tomed to buying our staple $30 chablis, the $2,000 price tag on I a bottle of 1964 vintage Roma-
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        Thai business leaders attend OUB reception
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    • Article, Illustration
      CINEMA
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      1,040 words
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      Page 17 Advertisements Column 1
      190 17 CI iristiaul )ior >/ SOLE AGENT: LAKhttl.M) IMPEX PTF. LTD. TJ 7348%/" n.' v,-' jjf .-...•"-TmI <• f ?T:,, T 1 tßmCfPkob GENEVE >..<•*; v -jp'n- 1 vi&ft"' P > iP''^3W^^H HKz.>%Jin^^H'->(SU&.JHr^^^B' The Automatic The Automatic The Hind-Wound Calendar. Rower Reserve. Chronograph. 0 4 i The Firshire Collection by Paul
      190 words
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      Page 19 Advertisements Column 1
      86 19 I 2 Hats For The I I buy 3 dozen and get DOUBLE tonus I '"v TO^fLITE AT GOLF HOUSE, WE'RE OFFERING SERIOUS $9Q85l H Q45 SAVINGS FOR SERIOUS GOLFERS. COME V I N AN GRAB A BONUS DEAL TODAY! I GOLF I HOUSE I (.(>ll 1101 s| MI <,
      86 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      268 25 The All Naturally Brewed Beer. r vPWirV r K 1 i—MSIB HMM §010 MVMM CIAO wWl£Wtn\*fin QiilrmwU ElHix 5% M|T vHUar 'ill Just spend $500 and obcve wMhin 6 months at any of our oUUn to quaitfy (or oOr gold cord membership. pmmpmkamiasm ran B*MMMNNjrai«Mn tkSMa&nm .crswf ltwsMMmw Celebrate Every
      268 words
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      Page 25 Advertisements Column 2
      236 25 "High Tea" starts at High Noon Don't miss our delicious High Tea Buffet available from 12 noon to spm every weekend. Price: $13.80 (adult) $8.80 (child) A La Carte Menu is also available. Prices subject to 10* senna dmrge. IX government to end 3* GST For reservation*, please call 737
      236 words
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      Page 25 Advertisements Column 3
      288 25 Our weekend high tea is so satisfying, people sometimes break into song. Choose from a sumptuous variety of savoury and sweet favourites. And if that's not enough, our high tea special also includes karaoke at Singsation. High-Tea: $13.00 (adult) 8 00 (chikl) ■MHV t $19.00 (adult) M SUIfCCt to 10%
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      Page 25 Advertisements Column 4
      248 25 WHERE TO WINE, DINE AND ENTERTAIN MORE THAN JUST I SEAFOOD! Beside* live seafood, Singapore's largest I outdoor seafood restaurant offers the Instant Asia Cultural Show at no extra ch«ge! Available I 1 from 8 pm to 8.40 pm, Mondays to Fridays. siFjsF m seafood restaurant 920 East Coast Parkway,
      248 words
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      Page 25 Advertisements Column 5
      234 25 BfJ LjG j Heavenly Mooncakes at Mandarin Singapore From 6th August till 9th September Savour this year's divine creation, the Shandong Mooncake. Traditional favourites like our famous Golden Ingots, snow skin mooncake and 7 stars with white lotus paste are also available. Win lots of valuable prizes in our Grand
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  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      2335 26 TODAY'S TV September, 9.30pm, TV 2 Eight Thousand MHet, 11.30 am, 'V i ■«<■ H_v CM. Woody Allen gets serious in 018 1"* V* N 7.M Berita Smmi, ABM. this 1987 film, where a group In this episode, visit Changsha, Xtfjy. gfeyy- jHufc#-'* v s r 'ii. 11~* I 2
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